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by etchalon 4201 days ago
…accept this move by Microsoft makes you add value to your account, that you cannot withdraw. So, at least in this instance, Bitcoin has not solved any problems.

Once you can purchase content directly using XBT, instead of merely using it as a funding source, you might have a use case.

Otherwise, most people would just buy a prepaid Debit card. It solves actually the same problem you're saying XBT solves, but it's accepted at vastly mere merchants.

1 comments

Except those cards aren't global. In countries with untrusted banking systems they aren't even for sale or they are via their own regional bank that a Western processor will just refuse to accept.

There's still a big problem out there with foreign transactions and the credit card system. Paypal kinda handles this in some scenarios, but it still is unsolved, especially when you're discussing non-trivial amounts of money.